When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works.

ExciteAtHome Could Cease Service on Nov. 30

REDWOOD CITY, Calif. (Reuters) - High speed Internet access provider ExciteAtHome Corp. ATHMQ.OBATHM.O, a former high flyer that fell on hard times in the dot-com meltdown, said on Tuesday that service could cease for its 4.1 million U.S. subscribers on Nov. 30 if it fails to reach new agreements with cable companies that carry its service.

Representatives of Redwood City, California-based company will appear on Friday in U.S. Bankruptcy Court in San Francisco, where a judge will decide whether to have the service blocked if current negotiations fail, spokeswoman Stephanie Xavier told Reuters.

The company, whose major backers included AT&T Corp T.N, has been operating under Chapter 11 bankruptcy protection since late September.

It briefly stopped accepting new subscribers in early October, but resumed after reaching interim agreements with the cable companies that act as a conduit for its high-speed Internet service, Xavier said.

But unless a permanent new agreement can be reached before Friday, when the interim agreements expire, a bankruptcy judge will decide whether or not to pull the plug on the service, she added.

News source: reuters.com

Report a problem with article
Next Article

Internet Explorer Enthusiasts

Previous Article

Activision sees Thanksgiving sales up

Join the conversation!

Login or Sign Up to read and post a comment.

-1 Comments - Add comment